Paul W. Bryant, Jr.

Paul William Bryant, Jr.
Born c. 1945
Alma mater University of Alabama
Occupation Banker, investor, philanthropist
Children 3 daughters
Parent(s) Bear Bryant

Paul William Bryant, Jr., (born c. 1945) is an American banker, investor and philanthropist from Alabama.

Early life and family background

Paul William Bryant, Jr., was born circa 1945.[1] His father, Bear Bryant, was an American football player and coach.[1][2]

Bryant graduated from the University of Alabama in Tuscaloosa, Alabama with a degree in Commerce in 1966.[3]

Career

Bryant founded the People's Bank in the late 1960s,[1] and later sold it.[2] He also served as general manager of minor league baseball's Birmingham Barons. By 1977, he established GreeneTrack, dog racing track located in Greene County, Alabama,[1] with A. Wayne May, a veterinarian, and Sam Phelps, a lawyer.[2] He went on to establish more tracks in Texas (for example in La Marque, Texas), Idaho, and Iowa.[1][2] By 1995, they were incorporated as GreenTrack, Inc..[4] As of 2009, he owned 72% of GreenTrack.[2] Bryant is also the President of Greene County Greyhound Park.[5] He also serves as the President of Green Group, Inc..[6]

Bryant invests in "dog and horse racing, the insurance industry, cement making, catfish farming and banking."[1] He is worth "hundreds of millions of dollars."[1] In 1995, Bryant acquired Reynolds Ready Mix, a cement company later renamed Ready Mix USA.[2] By 2011, he sold it to Cemex, a Mexican construction corporation, for US$350 million.[2] In 1999, he acquired a stake in Harvest Select Catfish Inc., a company which raises catfish in Alabama and Mississippi.[2] He was also the co-founder of Alabama Reassurance Co., later known as Alabama Life Reinsurance Co., a reinsurance company.[2]

In 2005, Bryant founded the Bryant Bank.[2] He serves as its Chairman.[6]

He co-authored two books about American football in 2013.

Philanthropy

Bryant served as the Chairman of the Civil War Trust.[3][7] He also served on the Boards of Trustees of the Alabama Heritage Foundation and the Museum of the Confederacy in Richmond, Virginia.[7]

He serves on the Board of Trustees of the University of Alabama,[3][6] having previously served as its Chairman.[2] In March 2015, The Birmingham News revealed that many UA trustees worked or had relatives who worked for the Bryant Bank.[8]

He has donated millions of dollars to the Alabama Crimson Tide football program.[9] A CBS story from December 2014 reported that Bryant Jr. is thought to be partially responsible for shuttering the UAB Football program, reportedly over a long-standing grudge with Gene Bartow over a 1991 letter to the NCAA.[10]

Personal life

He is married, and has three daughters.[1] He was described by The Birmingham News as "among the most private of men, largely a mystery to many."[1]

Bibliography

References

  1. 1 2 3 4 5 6 7 8 9 Charles J. Dean, Paul Bryant Jr: His famous father casts a long shadow, one seemingly comfortable to the son, The Birmingham News, December 08, 2014
  2. 1 2 3 4 5 6 7 8 9 10 11 Michael S. Serrill, John Helyar, Anthony Effinger, Alabama Football Dominance Powered by Greyhound Fortune, Bloomberg Business, November 25, 2013
  3. 1 2 3 The University of Alabama System: Board of Trustees: PAUL W. BRYANT, JR.
  4. Chris Pow, Greenetrack shareholder lawsuit alleges president, management misused funds, The Birmingham News, February 21, 2013
  5. Four stockholders file suit against Greenetrack CEO and board officers, Greene County Democrat, March 1, 2013
  6. 1 2 3 Melissa Brown, Who makes up the University of Alabama Board of Trustees?, The Birmingham News, November 16, 2014
  7. 1 2 Civil War Trust: Board of Trustees
  8. John Archibald, Paul Bryant Jr.'s bank is the tie that binds UA trustees, The Birmingham News, March 27, 2015
  9. Paul Bryant Jr.: A legacy of his own; by Tommy Deas, tidesports.com accessed 5 September 2014
  10. Jon Solomon, Is the Alabama board of trustees finally ready to kill UAB football?, CBS Sports, November 14, 2014
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